How Less Can Be More for Everybody

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Elizabeth Warren’s proposal for a wealth tax on the richest 75,000 families is by far my favorite idea to come from the Democratic presidential field of candidates. Rhetorically, I wish she’d add an argument that addresses this ultra-monied cohort directly, with this basic message:

“If you can understand that sharing some of your extreme wealth won’t cause you a shred of actual deprivation, only an…